Research analysts at StockNews.com began coverage on shares of Liberty Global (NASDAQ:LBTYK - Get Free Report) in a report released on Thursday. The firm set a "hold" rating on the stock.
Liberty Global Price Performance
Shares of LBTYK traded up $0.50 during trading hours on Thursday, reaching $12.71. The stock had a trading volume of 2,857,185 shares, compared to its average volume of 1,841,852. The stock has a market capitalization of $4.54 billion, a PE ratio of -1.26 and a beta of 1.14. Liberty Global has a 12 month low of $11.25 and a 12 month high of $22.14. The company's 50-day moving average is $20.79 and its two-hundred day moving average is $19.23. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19.
Hedge Funds Weigh In On Liberty Global
Large investors have recently added to or reduced their stakes in the business. Deseret Mutual Benefit Administrators boosted its stake in shares of Liberty Global by 41.4% in the 2nd quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company's stock worth $46,000 after buying an additional 754 shares during the last quarter. US Bancorp DE lifted its stake in Liberty Global by 124.9% in the third quarter. US Bancorp DE now owns 2,161 shares of the company's stock valued at $47,000 after purchasing an additional 1,200 shares during the last quarter. Rothschild Investment LLC purchased a new position in Liberty Global in the second quarter valued at approximately $71,000. Headlands Technologies LLC lifted its stake in Liberty Global by 173.3% in the first quarter. Headlands Technologies LLC now owns 5,982 shares of the company's stock valued at $106,000 after purchasing an additional 3,793 shares during the last quarter. Finally, Point72 Asset Management L.P. purchased a new position in Liberty Global in the second quarter valued at approximately $109,000. Institutional investors own 46.10% of the company's stock.
About Liberty Global
(
Get Free Report)
Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.
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